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301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2224734

301 5 Avenue NE Calgary T2E 0K9 : Crescent Heights

$3,000,000
Prop. Type:
Multi-Family
MLS® Num:
A2224734
Status:
Active
Year Built:
2016
Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
3 (or more) Storey
Total Living Area:
Switch units of measure7,176.3 sq. ft.
Main Level Finished Area:
Switch units of measure2,529.2 sq. ft.
Upper Level Finished Area:
Switch units of measure4,647.1 sq. ft.
Lower Level Finished Area:
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Above Grade Finished Area:
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Below Grade Finished Area:
Switch units of measure2,041.6 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure5,974 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
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Acres Not Cultivated:
Acres Freehold:
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Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Switch units of measure
Reg. Size Includes:
Stories Total:
3
Levels:
Three Or More
Year built:
2016 (Age: 9)
Bathrooms:
- (Full:-, Half:-)
Plan:
1332N
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Garage Spaces:
4
Parking Places:
4
Parking Total/Covered:
4 / -
Crescent Heights
Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
All Units are fully furnished with Furniture, Kitchen and Bath Essentials, Artwork, etc
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG
Listed Date:
May 26, 2025
Days on Mkt:
Listed by Greater Property Group
Data was last updated June 17, 2025 at 10:05 PM (UTC)
JOHN MALICK
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